Zhitong Finance App News, Global Industrial Technology (01026) issued an announcement. When preparing comprehensive financial statements, the Group's ability to continue operating was assessed. For the year ended 31 December 2023, the Group had a net loss of HK$193 million, and as of that date, the Group's net current liabilities were HK$260 million. These consolidated financial statements have been prepared on a continuing operating basis for the following reasons: as of December 31, 2023, the Group did not use banks to finance HK$420 million; in view of the Group's steady business relationship with banks and based on past experience, the directors expect that the Group can renew all bank financings when due; and the Group reviews the investment property portfolio from time to time and adjusts investment strategies as necessary to improve the Group's cash flow situation.